# FIRST SOUTHERN BANK
CARBONDALE, IL · FDIC certificate 3796 · asset band <$300M · latest filing 2014-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $243.4M | |
| Deposits | $207.2M | |
| Loans and leases | $161.7M | |
| Total equity | $23.7M | |
| Loans / deposits | 76.43% (p62 of band) | 70.22% |
| Liquid assets / assets | 28.70% (p37 of band) | |
| Uninsured deposits / deposits | 17.74% (p71 of band) | 12.36% |
| Brokered deposits | 4.28% | |
| Wholesale funding | 8.76% (p81 of band) | |
| FHLB advances / assets | 4.11% | |
| Tier 1 leverage | 10.02% (p43 of band) | 10.41% |
| Unrealized securities loss / equity | -3.89% (p10 of band) | 0.24% |
| AOCI / equity | 6.76% (p90 of band) | |
| ROA (annualized) | 0.97% (p63 of band) | 0.79% |
| Net interest margin | 3.89% (p66 of band) | 3.62% |
| Efficiency ratio | 64.49% (p27 of band) | |
| Noncurrent loans | 2.55% (p80 of band) | 0.88% |
| Net charge-offs (annualized) | 0.07% (p67 of band) | |
| Reserve coverage of noncurrent | 80.92% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 52.02% (p83 of band) | |
| Auto loans | $783,000 (0.48% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.8% | |
| Employees | 50 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | charge-offs p90 |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 1 |  | charge-offs p90 |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2013-06 | 0 |  | reserve under noncurrent, uninsured deposits leaving |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 2 | deposits shrinking | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2022-06-21 [Bank of Carbondale to merge into First Southern Bank - KFVS12](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPaWNOWWpLZHgtQnNDYUdrV3liRWxabnQ4WHNBOF9IcUUyMFZTTGZxWVkyNnFGa1Baa3luY1BCeE9kR0kyNGtUcDZFT3VTX04ySDRud2hBU2pNVHplcnd5bzZ5UlBnellFc0phZHNlZEhLSTF1U1Q2N3RqeGljbVRWQTVTU1JEa2VI0gGcAUFVX3lxTFAzU1FNTzhSYTNMM3B1OGRwQ1pEVVI4emk5aE1fVWJCZjA3bXhCcHR0YV9RQzlCVGpsUWVOZnpmTFFVTm1rUFd4dGc2RmN1NkNSQTN2RnF4bkI4TmI3b01Da2V0ZHQwcFNuRTVTMWlNQlMwZW92Q2stYVJBSjVOYl9fcFZtRGI0U0oyVnl2dmo0UHBZaUFGRW52cm9WYw?oc=5) · KFVS12
- 2022-01-13 [Bank of Carbondale, First Southern Bank to merge - Southern Illinoisan](https://news.google.com/rss/articles/CBMizAFBVV95cUxQaHRwZjRlanFkeFpGamRVT2tnbXdpSE9zS2VxbF9WU0RjNDhDVWs2M0lGV2pCd0JTVW1TcGNLQ1ljUFpGLXVlajdya0xiVDdPT1gzM21EaFdXWWJRZkhqRnVLWmFldUdLNlplazFBNFR6R0Z3ZWhKZDJUamctMWJUTXgwMGpWRjRJajVfTkNqRGtURTlYUEtMMlZSeU8wdV9QRW5ISjBRRzZNei1IUk9IalZhMzRxTGtBSjM5Yk5tY2xiWGc1aU1QM2tTaU8?oc=5) · Southern Illinoisan
- 2011-08-19 [First Southern Bank shuttered - Statesboro Herald](https://news.google.com/rss/articles/CBMieEFVX3lxTE9UbTNaclpsM2NZOGdDb0E2dmcwWHB5NHFjRWlmVFRWNDMwcGgwMDdpdV9Tb09nZXNLaUt3VGlxbHBVNmlrb0VEVEVQbmxXeERoaGNXNDYxZXZVRnEzTnNVajgyRll0d2NfYXhFQm5vdFlhVUZRdVBnbQ?oc=5) · Statesboro Herald
- 2023-12-05 [A town hall for today and tomorrow: Marion, Illinois modernizes old bank building - WPSD Local 6](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQNjMtd3NRaHBOQko3SXNDaWJmUE1ZVE1xdjlWZDJSbVNYWl9JWDhJNFo2V2tkX2o3UTZJc0xkbDBBSU5HclhQeF94OTVfQ0M2cjlYekFUUUc4TnVueVRJTG1sYVhPd181Y3pVU3VCODByeFVCZ1djTU1nV2Y3RWtJbHVYeUJ3c2dyLXhXT2JYLTJYdjNLX3lqel9uci1HZjZDZHZEejNfa1M2LUtaMVBqTWNXNEhKb0ZLYUl2ZXlOYjV3Mkk2a05wdjMtQ21iYVBZSGN3UGp4TWNvZWxpRW8tQlNWNEt5V1ZKTXR5Z1pRNVQ3QVk?oc=5) · WPSD Local 6
- 2014-08-17 [Bank of Marion and First Southern Bank come together - Southern Illinoisan](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNU2xDcVFUUjRxdGg3NU9tV0daMDdOQkJ6LXZiZjB4NnhvLVB6aEFoNEN1bWRFT0lULUFDa3BIWk5GNExMRlQtZWNOTlp6X1RtMy1rMnRYTXFBTEYtRFNwTHQwWlRfalVzRUlsZDY4b0tDVDZab25hbTJhaHg4QlkySUlZbHBWaWlQWEV1a3hEa2RzNmlGUFdSUzEwM2JCd1dYRHhQbVRMT1lIUlZrcFo2TktkTDg2MTM0RENDUHg3UGVseWd5d1N3SDRiNjZRWXBaVDNoYmdycm1RYl9ySDB6dEJDWmxuS3dBWGliLXljdFExbWs?oc=5) · Southern Illinoisan
- 2024-09-12 [Entrepreneurs invited to Southern Illinois 2024 Business Plan Competition at SIU - SIU News](https://news.google.com/rss/articles/CBMivAFBVV95cUxPYjlhLWJrWGdzNkwyQTJpaDlmRTlTdVhzQXNkWXhHcHIzdDlxUkxUQlNVWXNBSGp0aE1KRngwZU5DZkxwb3ltVzZPcGswUTJNMk5tdGtYb1ZMTUc4bjROUVFCZTJnaHJzQUdnSFJVRDN2M2RBTDR4cEJVempHNmNVRmJVNnk3WnpxWVVudnFzbWpnLXdaV3lMNFNBaDRNMnZTZC1wNG9hVVhWbTVMeGs3WUF2dHR6NTlnSWpWdw?oc=5) · SIU News
- 2017-08-13 [Carbondale police officer charged with bank robbery - The Daily Egyptian](https://news.google.com/rss/articles/CBMimAFBVV95cUxNYTRMbnRhWjdocnBseHY1dzFBeUtLRzEyUWVCR0NhT0U1aTJOdGNQRVRXQnhGdFJGSUpqcVo1OW8tTm5HQThWRC02eVNtTFdlUGgta0VFem5UVXF3VkFlMDNMNElvS1M2cUdMYmRSZlAzTFNCdDZSLVJrR0lFRzZKbVBRM3haeGhaRGtubTZuMHdNNzlYTWR2Zg?oc=5) · The Daily Egyptian

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=3796 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/20.json (key "3796", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide